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Chances are high that at some point in your profession, you might have been suggested that you need to insist on “well timed and correct” financial reports from your accounting group. Unfortunately, you’re probably a very good judge of what is timely, but you might not be nearly nearly as good a judge of what is correct. Definitely, you don’t have the time to test the recording of transactions and to verify the accuracy of reports, however there are some issues that you could and may do.
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